Ambanifty - Sell or Buy or Hold ?

Mukesh Ambani - promoted Reliance Industries (RIL), which is India's most valuable firm, shot up to Rs 2277.50. This is an all-time high.

The mid-cap construction firm Reliance Industrial Infrastructure (RIIL) was locked at upper limit of 10% at Rs 1043.10, which is a record high for the counter.

Reliance Petroleum (RPL), which is wholly-owned subsidiary of RIL, soared 12.89% to Rs 156.75. The stock hit a intra-day high of Rs 158.80, all-time high for the counter

Anil Ambani - controlled gas trading firm Reliance Natural Resources (RNRL) surged 34% to Rs 76.10. The stock hit a intra-day high of Rs 79.20, an all-time high. Large cap financial services firm Reliance Capital (RCL) flared up 3.05% to Rs 1558. The stock hit a intra-day high of Rs 1574, which is a record high for the counter India's second largest power generation firm by sales Reliance Energy (REL) moved up 3.17% to Rs 1019.05. The stock hit a intra-day high of Rs 1033, an all-time high. India's second biggest listed telecom services provider by sales Reliance Communication jumped to Rs 580.50.

Between the line :

In percentage terms in last one month Reliance Industrial Infrastructure has gained by 115%, RNRL 66%, Reliance Capital 47% and Reliance Petroleum 43%. Now what to do?As per my view apart from RIL, all the Ambani's companies are overvalued. Anil's Reliance Capital is now fairly valued. RNRL, RPL, RIIL are overvalued.

Don't make any fresh buying apart in RIL & RCOM and keep holding your Reliance stocks with stoploss.

* Details from moneycontrol.com